Green Chip Stocks

Green Chip Stocks Index:

ABB (ABB) - 23.39 -0.18

Canadian Solar (CSIQ) - 26.16 ↑ 0.22

Capstone Turbine (CPST) - 1.39 ↑ 0.02

Chipotle Mexican Grill (CMG) - 678.33 ↑ 3.97

Daqo New Energy (DQ) - 25.32 ↑ 0.20

First Solar (FSLR) - 65.76 ↑ 0.37

General Electric (GE) - 25.42 -0.03

Hannon Armstrong (HASI) - 13.87 -0.18

Hanwha SolarOne (HSOL) - 2.21 ↑ 0.05

JA Solar (JASO) - 9.32 ↑ 0.09

Maxwell Technologies (MXWL) - 10.95 -0.01

NRG, Inc. (NRG) - 31.01 ↑ 0.02

NRG Yield, Inc. (NYLD) - 53.84 -0.16

Ormat (ORA) - 26.28 -0.40

Pattern Energy Group (PEGI) - 31.74 ↑ 0.01

SolarCity (SCTY) - 73.82 ↑ 0.07

SunEdison (SUNE) - 21.27 -0.01

SunPower (SPWR) - 38.14 ↑ 0.18

TerraForm Power (TERP) - 31.53 -0.13

Tesla (TSLA) - 226.98 ↑ 1.97

TransAlta Renewables, Inc. (RNW) - 11.34 ↑ 0.00

Trina Solar (TSL) - 11.41 -0.14

U.S. Geothermal (HTM) - 0.70 ↑ 0.00

Whole Foods Market (WFM) - 38.19 ↑ 0.51

Yingli Green Energy (YGE) - 3.35 ↑ 0.02

Solar Hot Water Savings

Cut 63% Off Your Power Bill With Solar Hot Water

By Jeff Siegel   

A recent study shows that using a solar thermal water heater is not just an environmentally-conscious decision, but it can also save you quite a bit of cash.

Progress Energy just released a report in which it notes that customers saved upwards of $235 a year by switching to solar thermal water heaters. That’s a whopping annual savings of 63% on the water heater portion of their power bills.

The Raleigh based company reported to the North Carolina Utilities Commission as a final part of a pilot project using 150 solar water heaters to test out the efficiency of the units.

Progress claims more than 15% of electricity used in an average home is used for heating water, so the solar thermal water heater would be a solid investment over the long-term. The biggest drawback is its high initial cost. Although currently the state of North Carolina offers a 35% tax credit. And of course, there's also the 30% federal tax incentive.

Here are some basics about solar hot water. . .

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